Egalet Corporation announced unaudited consolidated earnings results for the second quarter and six months ended June 30, 2018. For the quarter, the company reported total revenue of $7,443,000 compared to $6,255,000 a year ago. Loss from operations was $11,365,000 compared to $21,744,000 a year ago. Loss before benefit for income taxes was $11,963,000 compared to $26,479,000 a year ago. Net loss was $11,963,000 or $0.22 per basic and diluted share compared to $26,479,000 or $1.04 per basic and diluted share a year ago. Net cash used in operating activities was $5.3 million.

For the six months, the company reported total revenue of $13,704,000 compared to $11,682,000 a year ago. Loss from operations was $25,287,000 compared to $42,414,000 a year ago. Loss before benefit for income taxes was $24,316,000 compared to $51,852,000 a year ago. Net loss was $24,316,000 or $0.48 per basic and diluted share compared to $51,852,000 or $2.06 per basic and diluted share a year ago.

For the year, the company expects total cash used in operating activities to be roughly $45 million.